No. of Recommendations: 21
I don't think there will be many who will buy into that free money thing. Who doesn't like the idea of free money but wouldn't it be hugely inflationary? If everyone were given $12,000 doesn't that pretty much mean that everything would go up in price pretty much by $12,000? Sort of like in Germany when it took a wheelbarrow of money to buy a loaf of bread? Let's face it the government can print all kinds of money but if there isn't anything to back it it has no value?

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If you gave a $12,000/yr. payment to poor people, I think you'd see a wave of business investment and jobs created to cope with the increased demand. Poor people tend to spend all the money they get -- that's why they're poor.

If you took the same trillion dollars and give it to wealthy folks as a tax cut, all you're going to get is some financial paper shuffling like an increase in corporate stock buybacks. That's not creating any jobs.

intercst
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